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2019 - 12 - 20
The 20,000-crore Jindal Stainless Group is expecting the first phase of its brownfield project for cold-rolled products at Jajpur in Odisha to be commissioned this month.According to Vijay Sharma, Senior Vice-President and Head of Sales, the first unit with one lakh tonne capacity will go on stream this month, while the second unit of another one lakh tonne capacity is likely to be commissioned by the next fiscal.“Ramping up of capacity of cold-rolled products will give us better margins,” Sharma told newspersons here on Friday.The Jindal Stainless Group comprises Jindal Stainless Ltd and Jind...
2019 - 12 - 18
British Steel is investing £1.4 million in a new fleet of vehicles to support the growth of our UK distribution network.The vehicles – 11 tractor units and 7 rigid vehicles – will improve the ability of our metal centres to supply a wide-range of constructional steel products and services to businesses of all sizes, from major developers to local housebuilders.Richard Farnsworth, British Steel’s Managing Director Construction, said: “This is a significant investment in our future which will enable us to provide an even better service to our customers throughout the UK.“Our regional metal ...
2019 - 12 - 13
The advanced high strength steel (AHSS) market size is expected to post a CAGR of about 13% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample reportThe growing global construction industry is one of the major factors behind the growth of the market. Advanced high strength steel is widely used in the construction of modern buildings and infrastructure. It has various advantages over conventional steel and is thus used for building lean structures. AHSS also helps in constructing slender and light-weight steel frameworks for buildings...
2019 - 12 - 02
The advanced high strength steel (AHSS) market size is expected to post a CAGR of about 13% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample reportThe growing global construction industry is one of the major factors behind the growth of the market. Advanced high strength steel is widely used in the construction of modern buildings and infrastructure. It has various advantages over conventional steel and is thus used for building lean structures. AHSS also helps in constructing slender and light-weight steel frameworks for buildings...
2019 - 11 - 26
China’s iron ore futures dipped by nearly 1 percent on Thursday, as emergency anti-pollution measures in northern China dampened demand for steelmaking raw materials.The Ministry of Ecology and Environment said late on Wednesday that it expects a bout of severe smog to blanket regions in northern China, including top steelmaking province Hebei and coal mining hub Shanxi, from Jan. 10-14.Some cities have issued smog alerts and asked heavy industry to restrict production, particularly the use of sinter plants, during the forecast pollution period.Sintering is a highly pollutive process that melt...
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